Spandana Sphoorty Financial Limited Overview
Pro stress-test →Spandana Sphoorty Financial Limited is a microfinance institution providing joint liability group based microfinance for women entrepreneurs, loans against property, nano enterprise loans, and individual loans to low-income customers in semi-urban and rural areas. The company was founded in 1998 and is based in Hyderabad, India.
Strategic Profile
Pro stress-test →The company holds NBFC-MFI status (granted in 2015) and was the fourth largest NBFC-MFI as of March 2019. However, the company faces significant operational headwinds with stressed asset portfolios, evidenced by recent loan portfolio optimization initiatives and asset quality challenges affecting profitability.
Competitive Landscape
Pro stress-test →Spandana competes within India's NBFC-MFI segment with key players including CreditAccess Grameen, Suryoday Small Finance Bank, and Ujjivan Small Finance Bank. The microfinance sector faces headwinds from asset quality challenges and regulatory scrutiny, with consolidation trends accelerating. Spandana's competitive position has weakened due to portfolio stress and operational challenges.
Industry Context
Spandana Sphoorty Financial Limited operates in Microfinance / NBFC-MFI (Non-Banking Financial Company - Microfinance Institution).
Key facts
Founded: 1998 · Headquarters: Hyderabad, India · Revenue: ₹2.34B (Q3 FY2026) · Market cap: $2.04B (₹2,039.45 Cr as of Feb 20, 2026)